Tag Archives: income

How wealthy has China become? At last count, the country accounted for a full 8 percent of all global ultra-high net worth investors—those worth more than $50 million. What will those UHNWIs do with that newfound wealth? That’s an important question, because household wealth is a key driver of consumers’ consumption and investment decisions as well as entrepreneurial activity, and that holds true whether one is Chinese, American, or otherwise.   China and the United States led the...

Energy master limited partnerships, most of which are in the business of storing and transporting oil and natural gas, have had a rough time of it since energy prices started falling in mid-2014. The Alerian MLP index has fallen 38 percent since its August 2014 peak and is down 27 percent year to date. The 22 percent loss in the third quarter is the worst quarterly decline since the index’s inception in 1998. In September, the asset class was down 15 percent, though it regained all of that...